LONGVIEW, Wash. – Weyerhaeuser Company this week announced it has completed the sale of its hardwoods business to American Industrial Partners.

Total proceeds from the sale will be approximately $108 million.

Operations in the Northwest include Garibaldi, Coos Bay and Eugene in Oregon and Longview and Centralia in Washington.

Other assets included in the transaction are in Tuscumbia, Ala.; Elkhart, Ind.; Grand Rapids and Lewiston, Mich.; Brainerd, Minn.; Titusville, Pa.; Arlington, and Dorchester and Onalaska, Wis.

American Industrial Partners executives said in June that the business will operate as Northwest Hardwoods, Inc., headquartered in Tacoma, Wash. It will have operations in the United States, Canada, China, Japan and Hong Kong.

American Industrial Partners was founded in 1989 and is an investment company based in New York.